Oracle has announced Oracle EBS 12.2 version on Sep 19, 2013. This latest version presents Online Patching to support administrations with high-availability requirements by dramatically reducing planned maintenance downtimes.

Oracle E-Business Suite 12.2 helps organizations further optimize business processes, reduce costs and respond quickly to changing market conditions by introducing enhancements in the following areas:

Oracle Contract Lifecycle Management for Public Sector: An integrated acquisition management solution that helps drive efficiencies across government procurement processes and helps align compliance with the rules and regulations of the public sector acquisition process.

To further help organizations transform supply chains from a functional necessity to a competitive advantage, the latest release of Oracle E-Business Suite includes the following supply chain management enhancements: